FELDA TOWER | Kuala Lumpur ( KLCC - Platinum Park ) | 50F | COMPLETED

[Leeigh]

that is a very handsome building!!!

[nazrey]

50-storey Menara FELDA
(The Federal Land Development Authority (more commonly referred to as FELDA)

Originally Posted by Greg

[SEED]

exciting! they stil clearing the land?

[rizalhakim]

Originally Posted by patchay

here u go..

Originally Posted by Greg

old piclah dis 1...check out the menara naza

Originally Posted by SEED

exciting! they stil clearing the land?

dah start korek tanah dah....

[dengilo]

If look carefully at the preposed felda tower it sure looks like the Oval and Avenue K!!!
Only taller!!

[rizalhakim]

NAZA TTDI Sdn Bhd managing director Datuk Johan Ariffin has urged the Government to impose a temporary ban on the export of steel and allow more steel to be imported.

Johan said when the price control of steel was lifted about two months ago, it exposed consumers to higher costs as seen from the price of steel shooting up to RM4,000 per tonne. Some contractors had quoted the price of steel at RM5,100 per tonne in their tenders, he said.


While waiting for the situation to stabilise over the next few months, the Government should allow steel to be imported. He said steel imported from Singapore was a few hundred ringgit cheaper than those sourced locally.

“We’ve also requests from contractors for certain adjustments which we are reviewing on an equitable basis and for expediency. Contractors are also mindful as to whom they are dealing with and their requests must be reasonable,” he said.

On its 50-storey Menara Felda (sold en bloc to Felda) at its Platinum Park project in the KLCC area in Kuala Lumpur, Johan said the tender for the sub-structure work had been awarded and the contractor had started work to build the basement levels. “We’re committed to finishing the project on time as we have a 35-year-old name to protect,” he said.

Johan said the Government could help to instil a degree of certainty by taking steps to curb inflation, rising costs of construction, and other problems facing the industry. “Uncertainty breeds risks. People will price in the risks and construction cost is unnecessarily inflated,” he said, adding that return on cost (ROC) used to be 20% years ago but today developers would be lucky to get 12% to 15%.

[nazrey]

Project surprises industry
Monday January 28, 2008
Property Talk: By S.C. CHEAH
TheStar


“THEY have really done a good job!” These words came from the CEO of a major property development group while we were having lunch at the KL Hilton, the day before the official launch and groundbreaking ceremony of the Platinum Park by Deputy Prime Minister Datuk Seri Najib Tun Razak on Jan 22.

The CEO was surprised when I answered his question that the 50-storey office tower that would be sold en bloc as mentioned in my column on Jan 21, is in Platinum Park and that the developer TTDI Development Sdn Bhd (TTDI) is selling it to Felda for RM640.7mil, or about RM930 per sq ft.

This is indeed a major coup and many industry players did not know about the sale or details of the Platinum Park development. It was the best-kept secret. The TTDI management has for the past four to five years worked hard to amalgamate the bungalow lots and came out with a winning concept. It has kept quiet until it was time to blow the trumpets with fanfare.

About 1,000 people were invited for lunch and to witness the signing of the agreement to purchase Menara Felda and launch under a big tent at the project site at the corner of Jalan Kuda and Jalan Stonor. The night before the launch, more than 50 members of the media came for a preview-cum-dinner at the site show room.

Group managing director Datuk Johan Ariffin does not think so. “I don't think we missed the boat but instead, we have caught the market on an upswing. “The earlier condos were priced around RM650 per sq ft but now they have shot past RM2,000. The secondary market in One KL is reselling at RM2,500 per sq ft,” he said.

“We've taken a good amount of time to carefully plan and conceptualise this project. We haven't finished on the retail planning,” he said, adding that he was unperturbed with talks of a glut of high-end condos in the KLCC area. We don't have that many units and it is less than 5% of the total supply in the area. We are targeting a niche upper band, a very select group,” he said.

In fact, at RM2,000 to RM2,500 per sq ft as the indicative price for Platinum Park's luxury condominiums, it will help to pull up the price structure of similar high-end developments in the periphery of KLCC and those further away.

There is an upcoming RM3.6bil to over RM4bil mega development in Kampung Abdullah Hukum at Jalan Bangsar that may also benefit from any spill over demand from the KLCC.

If the condominiums or offices in this project that is adjacent to the Mid Valley City, were to be priced at around RM600 per sq ft, it would be an attractive proposition, as Bangsar is also a prime area but the price would be a mere quarter of the top end of KLCC prices.

What makes Platinum Park exciting is that it will have a RM20mil, 1.5-acre private park and cobblestone walkways that will give residents, office workers as well as visitors to its retail outlets a “back to nature” feel. For the residents, it will be an exclusive domain to live, work and play.

As RSP principal Hud Abu Bakar said, there would be lots of lush landscape and water features as well as state-of-the-art CCTV surveillance and sophisticated fibre optic lighting, some of them set in glass structures. It will be an exciting, uplifting and happening place.

He explained that the instead of having sharp edges, there would be curved buildings that maximises on the view, ventilation and is harmonious with the surroundings.

“It also minimises reflection from the sun and deflects the wind more evenly. Our inspiration is also taken from the form and function of a car that has character, is dynamic and progressive,” Hud said, adding that Platinum Park would be the “climax of the Jalan Stonor development”.

In designing Menara Felda, he said its oblong shape is derived from the shape of the palm seed while the top of the building resembles a leaf that symbolises Felda as an agriculture body.

“When this tower is lit up at night, it takes on a very nice shape. When you come out of the KLCC, you can see straight at this tower,” he added.

Platinum Park will have six ingresses and egresses. From the North, one can drive into the development from Jalan Ampang and Jalan Binjai; from the East its from Jalan Tun Razak and Jalan Kuda, from the West it is from Jalan Stonor and from the South one can come in from Jalan Kia Peng and Lorong Stonor.

The neighbours are also all first class projects. Just across Jalan Stonor is the newly completed Binjai twin-block condominiums and the existing Stonor Park. The proposed Suria Stonor condominium is next door while Magna Prima's Avare, another high-end condominium is under construction at the rear. Across the road at Jalan Kuda are The Oval condominiums, also being built.

[nazrey]

Platinum Park to push TTDI into big league
Monday January 28, 2008
Stories by S.C. CHEAH
TheStar



World-class development will help brighten local property sector.

TTDI Development Sdn Bhd's newly launched Platinum Park, a world-class RM3.5bil high-end integrated residential and commercial development in Kuala Lumpur's Golden Triangle, has catapulted the company into the big league of property development.

The sale of the 50-storey Menara Felda, the tallest of seven iconic towers in Platinum Park, to the Federal Land Development Authority (Felda) for RM640.7mil last week is a major achievement, not only for the company but also for the whole industry that needs this kind of “fireworks” to brighten the “gloom and doom” of a US and possibly global recession.

With the launch of Platinum Park, about 700 metres from the Petronas Twin Towers and Suria KLCC shopping centre, TTDI is poised to regain its former glory not only as an industry leader but also as a major player to be reckoned with.

TTDI group managing director Datuk Johan Ariffin said Platinum Park would be a world-class product and one of the most exciting developments that Malaysia had ever seen.

“It will be a must-see destination for tourists like Roppongi Hills in Tokyo, Xin Tian Ti in Shanghai and Knightsbridge in London. If you are a tourist and you have not visited Platinum Park, then you have not been to Kuala Lumpur.”

“What Hyde Park is to London park-front apartments and Central Park is to New York condominiums, so it shall be with our Platinum Park properties. This is an investment grade property. The potential is tremendous,” he told StarBiz in an interview.

Designed by RSP Architects, this “haven within a city” development will be the latest project by the renowned architectural firm responsible for a number of other landmark works including the KL Hilton and Le Meridien hotels, Great Eastern Office and GE Mall. It will be the biggest luxury development to be undertaken by a bumiputra company in the vicinity of the KLCC.




An artist’s impression of Menara Felda


It will comprise of three high-end condominiums (287 units) called Platinum Residences; three Grade A office towers and a five-star, 452-unit, 30-storey serviced apartment tower called Platinum Concierge Suites, designed to give the best view of the Petronas Twin Towers, the Melawati Hills and the Royal Selangor Golf Course.

The super condominiums will be priced from about RM2,000 to RM2,500 per sq ft with size of 2,200 to 3,500 sq ft, 4,500 to 5,500 sq ft and penthouses of 8,000 to 13,000 sq ft. Of the three condominium towers, one will be a 30-storey block with 123 units and two, 42-storey tower with a total of 164 units. The first condominium block would be launched later this year or early next year.

While the condominiums are targeted at owner-occupiers, the serviced apartment with size of 450, 675, 900 and 1,500 sq ft will be targeted at discerning investors.

Besides the very prime location, Platinum Park's other unique selling points are its size and concept.

Johan said apart from KLCC, there were no other developments that had the size of Platinum Park in the immediate neighbourhood.

“The 9.1 acres gives us the opportunity to create something different and iconic. We are able to create a seamlessly integrated development of seven towers with top of the line security and ICT.

“We found that every development in the neighbourhood is of one or two blocks and three towers at the most. Ours is the only one that has seven towers.”

Johan said there would be 80,000 sq ft of lifestyle retail space spread over the edge of the park and the towers. There will also be three levels of auto showrooms.

This “necklace” of niche retail offerings will complement this one-of-its kind development in the capital. These outlets will feature international products and services never seen before in Kuala Lumpur.

The retail units will not be sold but kept for rental income. They will also serve residents in about a dozen new condominiums in the immediate vicinity.

Menara Felda's 50 floors will reflect Felda's 50 years of successful history. It will have a net lettable area of 689,000 sq ft and a floor plate of 15,000 sq ft. It will have, among other things, a large banquet hall that can seat 1,500 people at the basement level, double volume ceiling, pre-function lobby and two basements and a podium for parking.

The three office towers will be of 33, 38 and 50 stories. The indicative prices of the office lots will be around RM1,200 to RM1,500 per sq ft, depending on size and the market. The remaining two office towers called Platinum 1 and 2 business suites might be launched later this year or early 2009.

Platinum Park will be developed in five phases over the next eight years and is expected to contribute significantly to TTDI's bottom line.

[rizalhakim]

[rizalhakim]

[rizalhakim]

[rizalhakim]

[rizalhakim]

[dengilo]

They are koreking the basement already it looks like a lombong pasir!!!!so much sand!!!

[rizalhakim]

[rizalhakim]

[rizalhakim]

[pedang]

Originally Posted by rizalhakim

spire tinggi menjulang.

[SEED]

i think that spire will surpass felda hey..

[rizalhakim]